LoansUnder36 Review
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LoansUnder36 Reviews

8
Bob Phillips

WRITTEN BY

Bob Phillips

Good for poor-fair credit loans
Good for poor-fair credit loans
About LoansUnder36

LoansUnder36 helps provide personal loans to individuals by matching them with its network of lenders. The company specializes in unsecured personal loans for borrowers with credit ranging from poor to excellent. LoansUnder36 maintains headquarters in West Caldwell, New Jersey.

LoansUnder36’s main selling point is that all of its lenders’ maximum interest rate is 36%, similar to most of its competitors.

8.0

LS SCORE

8.0

CREDIBILITY

6.5

SUPPORT

6.5

ACCESSIBILITY

LoansUnder36 Personal Loans Review

LoansUnder36% helps provide personal loans to individuals by matching them with its network of lenders. The company specializes in unsecured personal loans for borrowers with credit ranging from poor to excellent. LoansUnder36% maintains headquarters in West Caldwell, New Jersey.

LoansUnder36%’s main selling point is that all of its lenders’ maximum interest rate is 36%, similar to most of its competitors.

LoansUnder36 Personal Loans Highlights

LOAN AMOUNT

$500 - $35,000

LOAN REPAYMENT TERM

2-72 months

MIN CREDIT SCORE

300

APR FIXED RATE

5.99% - 35.99%

FUNDING TIME

Average of one business day days

ORIGINATION FEE

None

PREPAYMENT FEE

None

OTHER FEES

N/a

SOFT CREDIT PULL

No

LENDER TYPE

Marketplace

Pros & Cons

  • Receive offers from multiple lenders
  • Low minimum credit score required
  • No application fee
  • Hard credit pull
  • Maximum loan amount of $35K

Personal Loans Types

  • Unsecured Personal Loans

Loan Purpose

  • Credit Card Refinance
  • Debt Consolidation
  • Home Improvement
  • Medical Expenses
  • Vacation
  • Other

LoansUnder36 Personal Loans Terms & Requirements

LoansUnder36 offers unsecured fixed-rate personal loans. These loans can be used for any purpose the borrower chooses, from debt consolidation to vacation.

LoansUnder36’s lenders offer loans for as little as $500 with repayment terms as short as two months.

Appplying to Loans Under 36

Procuring a personal loan with LoansUnder36% requires submitting personal information like most personal loan companies.

Lendstart - Applying for loans under 36, phase #1
Step 1

Loan amount

The online process is simple and fairly straightforward.

Qualification Requirements

  • Minimum age of 18
  • Have a valid Social Security number
  • Have a valid driver’s license/state ID
  • Have a minimum monthly income of $2,000
  • Have a verifiable bank account

Required Information

LoansUnder36% requires personal information and the loan amount requested to match you with a lender.

Application Steps & Time Frames

  • Complete the information form: 5 minutes
  • Wait for a decision: typically within minutes
  • Funding is released in one business day by most lenders

State Availability

Available in all states

Privacy & Security

LoansUnder36 has a complete privacy and security statement on its website. The company states it does not share any personal information it collects with third parties without customer consent. Customers also have the option to opt-out of promotional emails at any time.
All data collected by LoansUnder36 is encrypted for security.

Customer Support

LoansUnder36 does not provide a customer support phone number or email address on its website. We also couldn’t locate it through an extensive online search.

Phone Support
1 (877) 7403778

In Conclusion

LoansUnder36 is a company that connects borrowers with its network of lenders; it does not lend money itself. The company provides no contact information on its website and is not found on the BBB website.

FAQ

Is there an application fee with LoansUnder36?
LoansUnder36 services will always be provided free of charge, but that is not to say that the lender will give you a loan for free. Your lender will charge you fees and/or interest and must provide you with full disclosure of their loan terms upon approval. You are responsible for reading through the terms before signing your loan agreement.
What if I’m late or skip a payment?
Lenders may be forgiving if you contact them directly, though some may automatically add a fee if it is in their agreement. Please contact the lender directly if you have an issue paying an installment.
What is the highest loan amount I can receive?
$35,000, though not all lenders can lend that high of an amount.

LoansUnder36 Disclaimer

LoansUnder36%.com (the “website”) is not an offer or solicitation to lend. The website only provides a service and is not an agent, representative, or broker of any lender and does not endorse or charge you for any loan or product. The website operators are not lenders, do not make loans of any type, and do not make credit decisions. The website collects personal information provided by you and forwards it to partners in our lender network. You are under no obligation to use this website or service to initiate, contact, nor apply for credit or any loan product with any service provider or lender. Loan amounts vary from $500 and $35,000 but not all lenders can provide up to $35,000. Providing your information on the website does not guarantee you will be approved for a loan or credit product. Cash transfer times may vary between lenders and may depend on your individual financial institution. In some circumstances faxing may be required. If you have any questions, contact your lender directly for details, questions, or concerns regarding your loan or credit product. Short-term cash loans are meant to provide you with short-term financing to solve immediate cash needs and should not be considered a long-term solution. This service and lenders are not available in all states. Lenders may perform credit checks with the three credit reporting bureaus: Experian, Equifax, or Trans Union or may perform alternative credit checks or consumer reports through alternative providers. By submitting your request, you acknowledge, agree, and authorize that (a) your information may be sent to lenders and/or third-party partners on your behalf, and (b) such lenders may obtain consumer reports and related information about you from one or more consumer reporting agencies, such as TransUnion, Experian and Equifax to evaluate your creditworthiness. Representative example: If you borrowed $2,000 over a 12 month period and the loan had a 3% origination fee ($60), your monthly repayments would be $189.12, with a total payback amount of $2269.44 which including the 3% fee paid from the loan amount, would have a total cost of $329.44. Representative 29.82% APR. If you borrowed $5,000 over a 48 month period and the loan had an 8% origination fee ($400), your monthly repayments would be $131.67, with a total payback amount of $6320.12 which including the 8% fee paid from the loan amount, would have a total cost of $1720.12. Representative 18.23% APR. Loan products have a 61-day minimum repayment term.

Disclosure

This website is an informative comparison site that aims to offer its users find helpful information regarding the products and offers that will be suitable for their needs. We are able to maintain a free, high-quality service by receiving advertising fees from the brands and service providers we review on this website (though we may also review brands we are not engaged with). These advertising fees, combined with our criteria and methodology, such as the conversion rates, our team of reviewer's finding and subjective experience and product popularity, impact the placement and position of the brands within the comparison table. In the event rating or scoring are assigned by us, they are based on the position in the comparison table, or according to other formula in the event specifically detailed by us. See our How we Rate page and Terms of Use for information. The reviews, rating and scoring are provided “as-is” without guaranties or warranties regarding the information contained in our website, which shall not be considered as endorsement. We make the best efforts to keep the information up-to-date, however, an offer’s terms might change at any time. We do not compare or include all service providers, brands and offers available in the market.

WRITTEN BY

Bob Phillips

Having spent over fifteen years helping people plan their lives financially, Bob has a vast amount of knowledge concerning personal finance. During his career, Bob mastered many different financial products to help people achieve their financial goals, including life insurance, disability insurance, mutual funds, and stocks and bonds. He earned the Chartered Life Underwriter (CLU) designation and held numerous securities licenses. Bob is an internationally published poet and is now a freelance writer living in North Texas with his wife and Doberman puppy.